Thesis Abstract

Thesis Overview

<p> </p><p><strong>GENERAL</strong>&nbsp;<strong>INTRODUCTION</strong></p><p><strong>1.1</strong>&nbsp; &nbsp; &nbsp; &nbsp;<strong>Background</strong>&nbsp;<strong>t</strong><strong>o</strong>&nbsp;<strong>the</strong>&nbsp;<strong>study</strong></p><p>Income tax is wholly the creature of statute. That is to say, there is no common law of</p><p>taxation. No principles of law are applicable other than those principles, which are found in the</p><p>taxing Acts themselves according to their true meaning and effect. In any tax case, it is</p><p>consequently necessary for the court or tax commissioners to determine the true meaning and</p><p>effect of the particular statutory provisions in question. The actual problem in connection with</p><p>tax administration is that of enforcing tax payment. It is against this background that the Personal</p><p>Income Tax Act of 1993 (as amended)1 as well as Companies Income Tax Act of 1990 (as</p><p>amended) made penal provisions against any violations of their provisions. These are categ</p> <br><p></p>